Avient Corp (AVNT)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 329,300 | 312,900 | 270,000 | 259,800 | 222,900 | 154,100 | 128,100 | 195,300 | 266,800 | 340,400 | 410,800 | 389,400 | 381,200 | 372,200 | 327,000 | 256,900 | 189,300 | 144,800 | 154,400 | 188,000 |
| Revenue (ttm) | US$ in thousands | 3,240,400 | 3,212,900 | 3,151,400 | 3,126,100 | 3,142,800 | 3,214,200 | 3,283,800 | 3,761,800 | 4,209,900 | 4,621,000 | 5,017,500 | 4,950,300 | 4,818,800 | 4,614,300 | 4,319,000 | 3,692,900 | 3,242,100 | 2,903,700 | 2,684,500 | 2,979,200 |
| Operating profit margin | 10.16% | 9.74% | 8.57% | 8.31% | 7.09% | 4.79% | 3.90% | 5.19% | 6.34% | 7.37% | 8.19% | 7.87% | 7.91% | 8.07% | 7.57% | 6.96% | 5.84% | 4.99% | 5.75% | 6.31% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $329,300K ÷ $3,240,400K
= 10.16%
Avient Corp's operating profit margin has displayed fluctuations over the analyzed period, ranging from a low of 3.90% on June 30, 2023, to a high of 10.16% on December 31, 2024. The trend in the operating profit margin shows some volatility, with periods of both increases and decreases.
The operating profit margin improved notably from September 30, 2024, to December 31, 2024, increasing from 9.74% to 10.16%. This upward trend suggests that the company was able to control its operating expenses effectively and generate more profit from its core business operations during that period.
However, it is worth noting that there was a decline in the operating profit margin from September 30, 2021 (8.07%) to March 31, 2023 (5.19%). This decrease may indicate challenges in managing operating costs, generating revenue, or a combination of both during that timeframe.
Overall, monitoring the operating profit margin trend can provide insights into Avient Corp's operational efficiency and profitability over time, highlighting the company's ability to control costs and generate profit from its core business activities.
Peer comparison
Dec 31, 2024